Analyst Ratings for Waters Corp. (WAT)

Updated: 2017-07-29

Analysts covering Waters Corp. (NYSE:WAT) have given it a consensus rating of Hold. About 30 days ago, WAT was issued an average rating of Overweight.

17 analysts issued ratings on the stock, where 4 gave WAT a buy rating, 2 issued an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for WAT by the analysts covering the stock. The most optimistic price target was 210, which equates to a potential upside of 20.61 percent. The most pessimistic price target was 164, implying a possible loss of -5.81 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.29 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.29 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.68 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.75 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 8 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. During this time, 11 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of WAT to grow at a rate of 12.01 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of WAT is 2.19.

WAT has a 52-week high of 187.65 and a 52-week low of 133.35. Currently the stock is 30.57 percent higher than its low, and below the high by 7.22 percent. WAT has a P/E ratio of 26.3. Investors typically compare the P/E ratio to a company's peers in the industry. The WAT value stock report compares WAT to some of its peers using value stock charts. The market cap of WAT is $13.86 billion. WAT's next earnings release will be on 0000-00-00, which is days away.